Telus Intl Cda Inc Stock Price, News & Analysis

TELUS International (TIXT) reported strong Q2 2021 results, achieving 36% revenue growth to $533 million, driven by a 20% organic growth from existing clients and new acquisitions. Adjusted EBITDA rose 56% to $131 million, with adjusted diluted EPS up 100% year-over-year at $0.24. Free cash flow reached $71 million, showcasing operational strength. Despite these positives, net income fell to $16 million, down from $43 million in Q2 2020. The company raised its 2021 revenue outlook, predicting between $2.170 billion and $2.210 billion, reflecting continued business momentum.

TELUS International (NYSE and TSX: TIXT) has launched Intelligent Insights, a platform designed for managing robotic process automation (RPA) solutions. This tool enables businesses to oversee their digital operations on a single platform, offering cost-saving opportunities and innovation insights. During its pilot, Intelligent Insights helped a telecom company save $24 million and 800,000 hours across over 12 million transactions. IDC forecasts the intelligent process automation market to grow to $28.5 billion in 2023, with a significant adoption expected across organizations.

TELUS International (NYSE and TSX: TIXT) has been recognized as a ‘Leader’ in the Everest Group's 2021 Customer Experience Management (CXM) PEAK Matrix Assessment for the third consecutive year. The evaluation considered various factors including market success, strategy, and client feedback. TELUS International also climbed to the ninth position on the Everest Group's 2021 BPS Top 50 list, marking a significant improvement of 18 spots from the previous year, with a notable 55% revenue growth year-over-year. This recognition underscores the company's strong growth and digital capabilities.

TELUS International (NYSE and TSX: TIXT) will announce its second quarter 2021 results on July 30, 2021, before the market opens. A conference call will follow at 10:30 a.m. (ET) where management will discuss the results and address questions from pre-qualified analysts. The call will be accessible via a live webcast on the TELUS International Investor Relations website, with a replay available afterwards. The company specializes in delivering digital solutions to enhance customer experience for various global brands.

TELUS International (TIXT) has acquired Bangalore-based Playment, enhancing its capabilities in data annotation and computer vision. This acquisition follows the earlier purchase of Lionbridge AI and positions TELUS to better support clients developing AI solutions. The computer vision market is projected to grow from $16 billion in 2021 to over $50 billion by 2026, highlighting its significance across various sectors. The deal is anticipated to bolster TELUS's competitive edge through improved data management and AI strategy, thereby driving future growth.

TELUS International (NYSE and TSX: TIXT) held its first annual general meeting on May 27, 2021, with all eight director nominees elected. The voting results revealed significant shareholder support, with most nominees securing over 99% of votes for their appointment. Deloitte LLP was appointed as the company's auditors, achieving 100% approval. The meeting highlights TELUS International's commitment to strong governance and investor engagement, reinforcing its position as a leader in delivering digital solutions for global brands.

TELUS International (TIXT,TU) reported robust Q1 2021 results, achieving 57% revenue growth to $505 million, including 20% organic growth. Adjusted diluted EPS surged 229% to $0.23, reflecting strong demand across tech and games sectors. The company repaid $530 million in debt using IPO proceeds, maintaining a leverage ratio of 2.7x. The outlook for full-year revenue is set between $2,150 and $2,190 million. The firm emphasizes sustainable partnerships and integration of new capabilities for continued growth.

TELUS International (TIXT) is set to release its first quarter 2021 results on May 7, 2021, before market hours. A conference call will occur on the same day at 10:30 a.m. (ET), allowing management to discuss financial performance and future outlook, followed by a Q&A session with analysts. Investors can access a live webcast on the TELUS International Investor Relations website, with a replay available afterward. The company specializes in digital solutions and customer experience for various industries, including tech, healthcare, and eCommerce.